Install the Polkadot.js extension
for Chrome. You can create
a new account, import
an account from seed, or connect
the extension with your Ledger device (with the Ledger App installed and opened).
Write down your wallet's mnemonic seed and keep it in a safe place.
Fund your wallet by copying your wallet address on the account icon. Remember to deposit at least 50 BNC, which is the minimum staking amount to stake BNC plus a little more to pay the fees.
Check your account balance in Polkadot.js web app for Bifrost
.
Go to the Bifrost App
and connect your wallet using the Polkadot extension. Switch to Mainnet Network and check the active collators
. Search for the Stakely collator and click on Delegate
. Write down the desired bonding amount (the minimum is 50 BNC) and click on Delegate
to start delegating.
You can manage your staking from Bifrost App
, which means that you cancel your bondings at any time. Once the unbonding period
starts, you have to wait 82 rounds (168 hours) to receive your tokens. You will receive staking rewards during this unbonding period.